BASH's history expansion character, ! has many features, including !: for choosing a specific argument (or range of arguments) from the history. The gist is any number after !: is the number of the argument you want, with !:1 being the first argument and !:0 being the command.

echo one two three
one two three
echo !:2
echo two
two
echo !:1 !:0
echo two echo
two echo